Arab Finance: The Egyptian Exchange (EGX) closed Sunday’s trading session with a positive performance, with the EGX30 index up by 1.49% to 30,443.82 points. Likewise, the Sharia-compliant index, EGX33 ...

Arab Finance: PepsiCo Egypt has appointed Karim Khedr as its Senior Vice President (SVP) and Chief Executive Officer (CEO), according to an emailed press release. Khedr will lead the company’s next ...

Arab Finance: Cairo for Investment and Real Estate Development (CIRA Education) plans to submit a mandatory tender offer (MTO) to acquire up to 90% of the issued share capital of Cairo for Educational ...

Arab Finance: Egypt's unemployment rate decreased to 6.4% of the total labor force in the fourth quarter (Q4) of 2024, down 0.3% from the previous quarter, according to a press release issued by the ...

Arab Finance: Eastern Company logged 86% year-on-year (YoY) higher net profits after tax at EGP 5.382 billion in the first half (H1) of fiscal year (FY) 2024/25, the financial results showed. The net ...

Arab Finance: The All Share Index of Bahrain Bourse (BHB) rose 0.12% on Sunday, closing the trading session at 1,893.88 points, versus 1,891.6 points on Thursday. A total of 1.010 million shares were ...

Arab Finance: Alexandria Spinning and Weaving Company (Spinalex) posted 94% year-on-year (YoY) lower net profits after tax at EGP 4.152 million in the first half (H1) of fiscal year (FY) 2024/25, as ...

Arab Finance: Egyptian Prime Minister Mostafa Madbouly confirmed that wage increases for government employees will take effect in July at the start of the new fiscal year (FY) 2025/2026, as per a ...

Arab Finance: Elsewedy Electric is expected to start supplying building materials to the Ras El-Hikma project on Egypt’s North Coast within two months, the company’s Chairman Ahmed Elsewedy told Al ...

Arab Finance: Boursa Kuwait's indices ended Sunday's session with mixed results. The Premier Market Index added shed 0.69 points, or 0.01%, to close at 8,567.87 points. The Main Market Index ended the ...

Arab Finance: Emaar Misr Properties inked a strategic partnership agreement with MIDAR for the new Mivida project, with investments amounting to EGP 100 billion, according to a press release. Located ...

Arab Finance: Dana Gas, a UAE-based energy company, is set to resume its drilling activity in Egypt starting March, following the receipt of overdue payments from the Egyptian General Petroleum ...